Individual: Election Law allows contributions with a limit of $79,000 annually from individuals, PACs and corporations.
Corporate: Election Law allows contributions with a limit of $79,000 annually from individuals, PACs and corporations.
PAC: Election Law allows contributions with a limit of $79,000 annually from individuals, PACs and corporations.
Contributions are not tax deductible for income tax purposes.
New Jersey law prohibits entities operating in certain regulated industries (casinos, financial institutions, insurance companies, utilities) from contributing. Election Law allows contributions with a limit of $79,000 annually from individuals, PACs and corporations.
A partnership or limited liability company may not contribute as an entity. However, a check from a partnership or limited liability company may be accepted so long as it is accompanied by a letter allocating the contribution to the individual partner(s) or member(s) and is signed by each contributing partner or member. The letter must include each contributing partner’s home address. A partner’s total contribution, through the partnership and personally, cannot exceed the $79,000 annual limit. Contributions are not deductible for state and federal income tax purposes.
Paid for by Cumberland County Regular Republican Organization, Ronald Gravino, Treasurer, PO Box 999 Edison NJ 08818.
Support ©Anedot